It's asked of us so often at the checkout during a big purchase: "Do you want to purchase an extended warranty?" As you debate whether or not the extra price is worth knowing you'll be safe from costly repairs, consider this: There's always other options.
The world isn't black and white, so why do our warranty options have to be? Before you shell out dough for that extended warranty at checkout, do the math. See if you can extend your warranty for free, or make use of one of these options:
All Six Warranty
The All Six Warranty covers six of your major home appliances—the stove, washing machine, dryer, refrigerator, dishwasher and built-in microwave—under one blanket warranty, no matter how old they are. The cost to you? $19.95 per month for as long as you want coverage.
They'll cover up to two of each appliance (so that basement fridge is protected, too!) for repairs up to $1,500, charging you only a $50 service fee. In the event that something can't be repaired, they'll replace the appliance. Any model, any brand.
Create Your Own Warranty "Subscription"
If you're loving the idea of subscribing to a warranty service like the All Six Warranty, here's another alternative for you: Create your own service. Take the cash you'd spend on a warranty (like that $20 a month) and put it in a "home repairs" savings account. When your old dishwasher goes kaput, you'll have a nice little nest egg to put towards the cost of repairs or a new model.
(Images: Flickr user Incessant Flux under license from Creative Commons, Flickr user Danny McL under license from Creative Commons)